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Caverns Casino Submits Executive Summary

Written By Editor on 7/16/14 | 7/16/14

The New York State Gaming Commission has released the executive summaries of seventeen casino proposals statewide that are vying for just four sites located in specific regions across Upstate New York. Five, including the Howe Caverns Resort and Casino bid, are competing in the Capital Region.

Claiming that, "there is no proposed Gaming Facility in the State that can be underway and built faster than ours," the Howe Caverns summary touts the site's strong community support, its already existing stature as a popular tourist destination, and its position away from other existing facilities, as reasons to be selected. 

Additionally, the executive summary contends that the Howe Caverns site would not just be a casino, but "a regional economic engine" that will create almost five thousand jobs between the construction and operating phases and that the gaming aspect alone would bring in over $131 million in the first year without factoring in other revenue sources. 

Still, it is only one bid out of five the New York State Gaming Commission has to choose from within this region, and besides the still unnamed Amsterdam site; the rest have viable odds of being selected to construct the Capital District's host casino and gaming facility, pending the commission's final decision. 

A full copy of the Howe Caverns Resort and Casino executive summary is available here
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